Global Tara Gum Market Overview:
Tara Gum is a viscous soluble fiber extracted from the legume tree Caesalpinia Spinosa, native to Peru of the Leguminosae family that is a white to yellowish powder which is soluble in hot water and partially soluble in cold water. It is not digestible, but it actually aids in digestion due to its high fiber content and a polysaccharide composed of galactose and mannose. Tara Gum is a naturally high molecular weight hydrocolloid polysaccharide. In the United States, it is given Generally Recognized as Safe (GRAS) status by the Food and Drug Administration (FDA). Tara Gum fully meets all specifications as proposed in the Food Chemicals Codex and may be used safely in food as described in the Federal Register, in addition to pharmaceutical purposes as described in the United States Pharmacopeia
Growth Drivers
- The Growing Demand for Tara Gum in Dairy Products as a Thickener and Stabilizer
- The Demand for Tara Gum in Nutraceutical Applications As a Stabilizer in Protein Powders and Dietary Supplements Is Increasing
Roadblocks
- Government Stringent Regulations against Tara Gum
Opportunities
- The Growing Use of Tara Gum as Suitable Ingredient for Gluten Intolerant As It Is both Allergen-Free and Gluten-Free
- The Increasing Demand for Personal Care Products Leads to the Growth in Tara Gum
Challenges
- Consumption of Large Amounts May Result In Abdominal Bloating and Excessive Gas
Competitive Landscape:
Some of the key players profiled in the report are Argos Export S.A. (Peru), Gomas Y Taninos (Peru), TIC Gums, Inc. (United States), Exandal S.A. (Peru), Willy Benecke GmbH (Germany), Nexira (France), Jinhua Senta Biological Technology Co., Ltd. (China), Shanghai Merry Yang Enterprise Co., Ltd. (China), Zhejiang Wanglin Bio-Tech Co., Ltd. (China) and Shaanxi Yuantai Biological Technology Co., Ltd. (China). Additionally, following companies can also be profiled that are part of our coverage like Supreme Gum Pvt., Ltd. (India), A2-Trading (India), Lcv Del Peru S.A.C (Peru), Derinat S.A.C. (Peru) and Xi'an Biof Bio-technology Co. Ltd (China). Analyst at AMA Research see North American Vendors to retain maximum share of Global Tara Gum market by 2026. Considering Market by Packaging Type, the sub-segment i.e. Paper Bags will boost the Tara Gum market. Considering Market by Grade, the sub-segment i.e. Technical will boost the Tara Gum market.
What Can be Explored with the Tara Gum Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Tara Gum Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Tara Gum
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Tara Gum market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Tara Gum market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Tara gum Manufacturers, New Entrants/Investors, Analysts and Strategic Business Planners and Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.